Is AM or OKE cheaper?

On trailing earnings, OKE is cheaper: AM trades at a 25.20 P/E and OKE at 16.15.

Which has grown faster, AM or OKE?

Over the past five years, OKE grew revenue faster — AM at a 5.93% CAGR versus OKE at 29.16%.

Does AM or OKE pay a bigger dividend?

AM yields 4.15% and OKE yields 4.64% based on trailing dividends and the latest price.

Is AM or OKE more profitable?

AM runs the higher net margin — AM at 31.94% versus OKE at 10.04%.

Which has been the better investment, AM or OKE?

Over the past 5-year, AM delivered the higher annualized total return — AM at 24.03% versus OKE at 13.94%. Past performance doesn't predict future results.

Antero Midstream Corporation (AM) vs ONEOK, Inc. (OKE)

OKE leads on 11 of 17 compared metrics.

A side-by-side comparison of Antero Midstream Corporation and ONEOK, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Antero Midstream Corporation

Total return — AM vs OKE

growth of $100 · last 9y

AM -35.8%OKE +73.7%OKE compounded faster

AM OKE

AM vs OKE: by the numbers

•OKE is the larger company ($57.07B vs $10.29B market cap).
•OKE trades at the lower earnings multiple (16.15 vs 25.20 P/E).
•AM converts more revenue to profit (31.94% vs 10.04% net margin).
•OKE grew revenue faster over the past five years (29.16% vs 5.93% CAGR).
•OKE pays the higher dividend yield (4.64% vs 4.15%).

Which is better, AM or OKE?

Metric tally: AM 6 · OKE 11

It depends on what you're optimizing for:

ValueOKE(lower P/E)

GrowthOKE(faster 5Y revenue CAGR)

IncomeOKE(higher dividend yield)

QualityOKE(higher ROIC)

Valuation

Metric	AM	OKE
P/E ratio	25.20	16.15●
Forward P/E	17.03	14.62●
P/S ratio	8.06	1.63●
P/B ratio	5.35	2.56●
PEG ratio	5.69	2.95●
EV / EBITDA	14.51	11.55●
FCF yield	8.84%●	3.92%

Profitability

Metric	AM	OKE
Gross margin	64.52%●	23.95%
Operating margin	57.56%●	20.26%
Net margin	31.94%●	10.04%
ROE	21.21%●	15.80%
ROIC	8.18%	8.62%●

Dividends

Metric	AM	OKE
Dividend yield	4.15%	4.64%●
Payout ratio	104.65%	77.35%

Growth (annualized)

Metric	AM	OKE
Revenue CAGR (5Y)	5.93%	29.16%●
EPS CAGR (5Y)	-13.48%	30.77%●
FCF CAGR (5Y)	7.24%	30.73%●
Total return CAGR (5Y)	24.03%●	16.77%

Frequently asked

Which is better, AM or OKE?: It depends on your goal. value: OKE (lower P/E); growth: OKE (faster 5Y revenue CAGR); income: OKE (higher dividend yield); quality: OKE (higher ROIC). Across all compared metrics, OKE leads 11 to 6.
Is AM or OKE cheaper?: On trailing earnings, OKE is cheaper: AM trades at a 25.20 P/E and OKE at 16.15.
Which has grown faster, AM or OKE?: Over the past five years, OKE grew revenue faster — AM at a 5.93% CAGR versus OKE at 29.16%.
Does AM or OKE pay a bigger dividend?: AM yields 4.15% and OKE yields 4.64% based on trailing dividends and the latest price.
Is AM or OKE more profitable?: AM runs the higher net margin — AM at 31.94% versus OKE at 10.04%.
Which has been the better investment, AM or OKE?: Over the past 5-year, AM delivered the higher annualized total return — AM at 24.03% versus OKE at 13.94%. Past performance doesn't predict future results.

Go deeper

Full AM analysis Full OKE analysis Interactive comparison tool

Dig into the metrics

Antero Midstream P/E ratio ONEOK P/E ratio Antero Midstream dividend yield ONEOK dividend yield Antero Midstream ROE ONEOK ROE Antero Midstream operating margin ONEOK operating margin Antero Midstream revenue growth ONEOK revenue growth Antero Midstream free cash flow ONEOK free cash flow

Antero Midstream & ONEOK appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 14, 2026.